On behalf of Virtus Equity Trust (the Trust or Registrant), transmitted herewith
for filing under Rule 497(e) under the Securities Act of 1933 and the Investment Company Act of 1940, are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the prospectus
for Virtus Balanced Fund and Virtus Tactical Allocation Fund (the Funds) as filed under Rule 497(e) on September 10, 2013. The purpose of this filing is to submit the 497(e) filing dated September 10, 2013 in XBRL for the Funds.

Please contact Ann Flood at (860) 263-4746 or the undersigned at (860) 263-4791 if you have any questions concerning this
filing.